The latest Duport Business Confidence Report for Dudley shows there was a decline in company formation in the area last year. However, the report also shows there was a reduction in company closures during the same period, suggesting trading conditions may actually be improving in the town.
A new report from Duport.co.uk shows there was a rise in company formation in Stafford last year, suggesting the local economy is beginning to recover from a difficult period.
It seems the business community of Bath is becoming more diverse. Figures released by Duport.co.uk show the city was amongst the top ten UK towns for female director appointments and young director appointments during 2012.
Windsor saw a 7% rise in net company growth during the first six months of 2012, according to figures in the latest Duport Business Confidence Report. Net company growth between January and June stood at 77, compared to 72 during the same period in 2012.
Windsor is one of the most affluent areas of the UK, and benefits from a very healthy tourist trade, thanks to major attractions such as Windsor Castle and Legoland Windsor. Last year there were 7.33 million visitors to the town, who bought over £578 million to the local economy.
Despite its affluence, the Duport Business Confidence Report shows that Windsor was not unaffected by the recession. Statistics in the report show a sharp dip in net company growth during the first half of 2009, though figures have been climbing ever since.
Managing Director of Duport.co.uk, Peter Valaitis said:
"Windsor did suffer during the recession, but it's lively housing market, proximity to London and excellent tourist offering mean the town has weathered the economic storm remarkably well."
"Net company growth is currently rising, and with the UK economy set to come out of recession, the future looks bright for Windsor."
The Duport Business Confidence Report for Windsor provides a valuable overview of the local economy, with statistics on everything from company formation to average director age.
Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.